Area: British Columbia
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* PREC - Personal Real Estate Corporation. Attention investors!! This unique investment opportunity is a property that is earning a 7% cap rate & has a lot of potential. There are two houses on one lot (2021 & 2029). You can live in one & rent out the other or rent out both places. Each house has its own large size fenced yard & driveway. Each house has two bedrooms & one bathroom, while one of them, has an extra room (den) in the basement. Each property rents for $1,200 each per month (2,400 total) ($28,800 yearly revenue); tenants pay their own gas & hydro. Expenses are city utilities $2,800.00, taxes $3,085.00 & insurance $2,900.00. The yearly net revenue is $20,000.00. Lot size is taken from Tax Ass., all measurements are approx. & all info. to be verified by buyer if deemed important. (id:44056)

Property Details

Full Address:
2021 SPRUCE STREET, Prince George, British Columbia
Price:
$ 299,000
MLS Number:
R2948117
List Date:
December 2nd, 2024
Lot Size:
11200 sq.ft.
Year Built:
1952
Taxes:
$ 3,085

Interior Features

Bedrooms:
4
Bathrooms:
2
Heating:
Forced air, Natural gas
Basement:
None

Building Features

Architectural Style:
Ranch
Storeys:
1
Foundation:
Concrete Perimeter
Water:
Municipal water
Roof:
Asphalt shingle, Conventional
Garage:
Open
Ownership Type:
Freehold
Taxes:
$ 3,085

Floors

Finished Area:
891 sq.ft.

Land

Lot Size:
11200 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Denise Dykes Personal Real Estate Corporation Royal LePage Aspire Realty
 250-564-4488
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Listing Agent(s)

Listing: Denise Dykes
Royal LePage Aspire Realty

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